Analyzing the remarkable 6.9% GDP growth of India in Q4 FY25, exploring...
Technicals for Network18 Media & Investments Limited
By MusingTheNews
2025-05-30 20:49
Overall Technical outlook
Price Summary
On 2025-05-30, NETWORK18's stock began at 55.29, peaked at 55.4, dipped to 53.16, and closed up -1.36% at 54.54, with a volume of 7221764 shares. The stock's peak price over the last 52 weeks is 99.92, with the lowest being 40.53.
Technicals
Support and Resistance: The price of 54.54 is supported at 52.82 and capped by resistance at 70.18. These levels mark key points for Network18 Media & Investments Limited where the price could find stability, with 52.82 as a floor and 70.18 as a ceiling. Support/Resistance for NETWORK18
Aroon: The Aroon indicator shows a continued bullish trend, with Aroon Up staying at the 100 level. This sustained strength suggests a strong upward momentum. However, further analysis is required, especially when combined with other indicators, to confirm the trend's durability and potential future direction. Aroon chart for Network18 Media & Investments Limited
Bol. Bands: The price for NETWORK18 has moved below the upper Bollinger Band, signaling a potential downward trend. Traders might interpret this as a sign that the asset is losing momentum and could see a decline. This technical indicator often suggests that the market is overbought, and a price correction might be imminent, making it a critical point for those considering short positions. Bolinger Bands chart for Network18 Media & Investments Limited
Parabolic SAR: The PSAR for NETWORK18 continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for Network18 Media & Investments Limited
Stochastic: The stochastic indicator is in a bullish phase, with the K-line positioned above the D-line and the 80 threshold. This alignment suggests strong upward momentum for NETWORK18, indicating that the market may continue to trend higher. Traders might see this as a positive signal for sustained strength. Stochastic chart for Network18 Media & Investments Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for NETWORK18, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Tripple SMA chart for Network18 Media & Investments Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article delves into the development saga of the Kaveri engine for...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.